Bank of America CEO: Regularized Stablecoins are Inevitable

According to him, it’s only a matter of time before a fully dollar-backed stablecoin becomes a reality. He compared these digital assets to traditional bank accounts, suggesting they would function similarly in the financial system. A Stable Future for Stablecoins? Speaking on the topic, Moynihan stated, “It’s pretty clear there’s going to be a stablecoin, […] The post Bank of America CEO:... source: https://www.altcoinbuzz.io/cryptocurrency-news/bank-of-america-ceo-regularized-stablecoins-are-inevitable/